11, NORFOLK DRIVE, MELTON MOWBRAY, LE13 0AJ - £372,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 NORFOLK DRIVE is a very large detached house of 153m², built sometime between 1983 and 1990. It was last sold for £372,500 in May 2017, which was around 27% above the average May 2017 detached price in the Melton local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

11 NORFOLK DRIVE Sold Prices

Land registry data shows two sales for 11 NORFOLK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 11 NORFOLK DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 19 MAY	£372,500	£293,970	27% above HPI
1996 15 NOV	£116,250	£89,834	29% above HPI

11 NORFOLK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The two 11 NORFOLK DRIVE sales from November 1996 and May 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 1996 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2017 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 11 NORFOLK DRIVE?

11 NORFOLK DRIVE is 153m² according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 11 NORFOLK DRIVE lies on this distribution: 85% of detached houses are smaller than 11 NORFOLK DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

11 NORFOLK DRIVE: Plot and Title Map

11 NORFOLK DRIVE sits on a plot of roughly 0.244 of an acre, or 989m². The below map shows the location of 11 NORFOLK DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 11 NORFOLK DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 11 NORFOLK DRIVE?

11 NORFOLK DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 11 on NORFOLK DRIVE.